City Lakes Real Estate Blog©

Tuesday, February 24, 2009

Stuck Rates

Mortgage Rates: Stuck at 5%

Local lender and blogger Alex Stenback has a nice post from yesterday, "Lower Mortgage Rates Stymied By Supply," that explains what's happening with mortgage rates right now -- and why.

Ross Kaplan at 10:43 AM

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About Ross Kaplan

Ross Kaplan: Ross Kaplan, 50 years old, is a realtor in Edina Realty's City Lakes (Minneapolis) office. He is also a former attorney (corporate law) and CPA, and holds an economics degree from Stanford. Ross is a three-time "Super Realtor," named by Mpls.-St. Paul Magazine and Twin Cities Business Magazine, and is a repeat member of Edina Realty's "Leadership Circle," awarded to the company's top 5% in sales volume. He served two terms on the local Board of Realtors' Professional Standard Board, which adjudicates ethics complaints and other industry issues. Ross' real estate practice focuses on Minneapolis and the West suburbs. He lives in Minneapolis' Sunset Gables neighborhood with his wife and three kids. Ross' Journalism credentials: trivia question . . what do Ross and (NY Times columnist) Thomas L. Friedman have in common? They both were editors of the St. Louis Park high school newspaper, the Echo (Ross in '78, Thomas Friedman in '71). Ross' frequent articles and op-ed pieces have appeared in The New York Times, Star Tribune, Minneapolis-St. Paul City Business, RealClearMarkets.com, and numerous other publications -- online and off!

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Tuesday, February 24, 2009

Stuck Rates

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